5516 FOREST LANE, DALLAS, TX 75230
Homes for sale in Dallas.
Homes for sale in 75230.
5516 Forest Lane
Dallas, TX 75230
List Price$719,000
Listing #21177249
About This Property
Rare opportunity to secure over one-third of an acre in the prestigious Inwood Road Estates neighborhood--an ideal setting to create your custom dream home. The primary value is in the land. The current residence is leased month-to-month, offering immediate income potential or flexibility for redevelopment.
Property Features
Location Information
County
Dallas
Subdivision
Inwood Road Estates
Interior Features
Rooms
First Floor Living Room, First Floor Primary Bedroom
Living Room Description
20 x 10
Interior
Cable TV
Has Fireplace
Yes
Master Bedroom Description
15 x 13
Number of Fireplaces
1
Full Baths
2
Appliances
Dishwasher, Disposal
Exterior Features
Style
Detached
Garage Spaces
2
Stories
1
Pool Description
None
Water / Sewer
Water Available, Cable Available
Lot Size in Acres
0.354
Utilities
Water Available, Cable Available
Lot Size in Sq. Ft.
15,420
Parking Description
Concrete, Drive Through
Is One Story
Yes
Has Garage
Yes
School
Elementary School District
Dallas ISD
Jr. High School
Benjamin Franklin
Elementary School
Pershing
High School
Hillcrest
Additional Information
Property Type
SFR
Status
Active
Property SubType 2
House
Has a Home Owners Association
No
Property SubType
Single Family Residence
Tax Annual Amount
14574.0
Year Built
1956
Lot Acres Source
Public Records
Similar Listings
Mortgage Calculator
$3,356
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$2,590
Monthly Tax
$599
Monthly Insurance
$167
yrs
%
$
$
Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
Schools
Walk Score
Listing courtesy of
Sue Mardock, Ready Real Estate LLC
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NTREIS - North Texas data last updated at February 23, 2026, 6:24 PM CT
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